NYSE ARCA | ETF
Under normal market conditions, the fund invests at least 80% of its net assets, plus amounts borrowed for investment purposes, in municipal bonds of any maturity.
It primarily invests in bonds that are investment grade when purchased, but the fund may also invest up to 20% of its net assets in non-investment grade bonds rated BB or lower by S&P Global Ratings, Fitch Ratings, or Moody"s Investors Service, Inc., or comparable rating by any NRSRO or unrated equivalents.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AEP | American Electric Power Co Inc | Utilities | Utilities - Regulated Electric | 6.02% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 5.11% |
| XEL | Xcel Energy Inc | Utilities | Utilities - Regulated Electric | 4.99% |
| SRE | Sempra Energy | Utilities | Utilities - Diversified | 4.92% |
| SO | Southern Company | Utilities | Utilities - Regulated Electric | 4.69% |
| ED | Consolidated Edison Inc | Utilities | Utilities - Regulated Electric | 4.12% |
| EXC | Exelon Corporation | Utilities | Utilities - Regulated Electric | 4.12% |
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 4.09% |
| PEG | Public Service Enterprise Group Inc | Utilities | Utilities - Regulated Electric | 3.94% |
| DTE | DTE Energy Company | Utilities | Utilities - Regulated Electric | 3.83% |